Gold Industry Research Group Doesn’t Want To Hear About Gold Market Rigging

Shareholders in gold-mining companies might be equally entitled to some puzzlement about this…

by Chris Powell of the Gold Anti-Trust Action Committee (GATA)

Dear Friend of GATA and Gold:

The Shareholders’ Gold Council, started last year by fund manager John Paulson “to conduct research reports and studies of interest to investors in the gold industry” (https://www.goldcouncil.net/), has rejected GATA’s requests for membership and to make a presentation about manipulation of the gold market by central banks and their bullion bank agents.

A representative of the council has told GATA that “our focus is on the companies themselves, not the gold market.”

Of course that’s not quite how the council’s internet site describes it, but the council is entitled to what seems to be its opinion that the manipulation of the price of the metal produced by gold-mining companies is of no interest to the companies themselves.

Shareholders in gold-mining companies might be equally entitled to some puzzlement about this.

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
[email protected]

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